Flip in the Heart of Downtown Orlando S Osceola Ave. Orlando, FL. 32801
This is a beautiful two-story 3/2 2,320 SQFT flip on a corner lot in the Lake Cherokee Historic District. The house is just blocks from the Performing Arts Center and only a 2 min walk to Lake Cherokee and Lake Cherokee Park. The bedrooms are all very big and there is a lot of open space in the house. The back patio area also has a garage and hot tub.
The house is in good condition but will need some updating to get top dollar on the retail market. The wood floors could use refinishing, bathrooms need some updating, kitchen needs new appliances and counters, the outside needs new siding and the garage needs renovations.
This should sell quickly based on location alone. Using a conservative 262/SQFT this puts the ARV at $610k. Houses in this area are selling for more than that but are using a lower value since Anderson is considered a busy road. This easily has an ARV range of $585k – $615k.